The wife of Celsius’ CEO withdrew $2 million worth of crypto before the company filed for bankruptcy.
Celsius Network, which went bankrupt after the collapse of Terra, continues to sit on the agenda with the money withdrawn. Recently released court documents revealed that Celsius’ former executives had withdrawn close to $60 million. Not long after, it was revealed that the wife of Celsius’ ex-CEO also had a piece of the pie.
Ex-CEO’s Wife Joined Among Those Who Withdrawn Money From Celsius
Joining the pre-bankruptcy withdrawals is Kristine Mashinsky, the wife of former Celsius CEO Alexander Mashinsky.
According to the latest documents released by the court, Kristine withdrew over $2 million from her CEL token just before withdrawals were suspended in June and just before filing for bankruptcy in July.
Earlier documents stated that Celsius Network founder Alex Mashinsky has withdrawn $10 million worth of crypto from the platform, former CSO Daniel Leon about $7 million, and CTO Nuke Goldstein about $13 million.
Celsius, which has already dealt with many different cases, is in trouble with the Vermont Department of Financial Regulation. The company is accused of hiding its financial woes from investors and improperly manipulating the price of its tokens to improve its balance sheet.
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